Production of Paks II Reactor Vessel Starts
The production of a reactor vessel for the expansion of Hungary's Paks nuclear power plant has started in Saint Petersburg, Minister of Foreign Affairs and Trade Péter Szijjártó said on Friday, according to a report by state news wire MTI.
Fielding questions at a press conference, Szijjártó said the production of the reactor vessel had started on Thursday.
He added that the Paks II melt trap had been completed and would be delivered to Hungary in the summer.
Work on Paks II is "advancing on schedule" and the two new blocks at the plant, Hungary's only source of commercial nuclear power, could go online early in the coming decade, Szijjártó said.
A ceremony to mark the start of production of the reactor vessel took place at the foundry of Atomenergomash in Kolpino, on the outskirts of Saint Petersburg on Friday.
Deputy-CEO Andrey Sinakov said parent company Rosatom, the general contractor for Paks II, would make the plant's number 5 reactor block on time, while meeting all quality requirements.
Responding to a question from MTI, he said a reactor generally took about three years to make.
Vitaly Polyanin, the project director for Paks II, said the investment was moving forward on schedule.
ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan
EC Puts Hungary 2024 GDP Growth at 2.4%
HU-rizon Program: HUF 8 bln Funding for International Resear...
Marcelito Pomoy to Perform in Budapest Next Week
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
.png)
